50-50A Boundary StreetSouth Melbourne VIC 3205
Property Details for 50-50a Boundary St, South Melbourne
Last Listing description (May 2023)
Gill Property Group in conjunction with Stonebridge Property Group are pleased to present for sale 50 Boundary Street, South Melbourne.
- A prime city fringe freehold office building that represents the ultimate opportunity for an owner occupier to own or an astute investor to add to their portfolio
- Prime two level 355 sqm* building with park views and three street frontages
- Office space ideal for the owner occupation of businesses including graphic designers, marketing agencies, photographers, architects, builders, developers, sound studios, family offices, engineers and many more
- Ability to owner occupy from November 2025 (Current Lease Commenced November 2022 - Terms: 2 years + 1 year option)
- Highly functional internal building with no refurbishment needed boasting natural light on 3 sides, modern kitchens, meeting rooms and 5 onsite car pars
- Positioned to benefit from the amenity rich pocket with blue chip caf and hospitality all within walking distance - Golden Fleece Hotel (200m), Montague Light Rail Station (100m), Foxtrot Caf (50m), Westside Ale Work (160m), and the famous Railway Club Hotel (325m) and Rubiras (200m).
- Within a flexible Capital City Zone, providing scope for a variety of uses including office, residential, retail, medical or hospitality.
- 247sqm landholding with zoning that has a flexible height limit on the site of 4 levels creating the opportunity for future development upside or exit strategy
- Rare opportunity to secure a freehold office building in one of Melbourne's most in demand city fringe suburbs
*Approximately
To obtain further information, please contact the exclusive selling agents Gill Property or Stonebridge Property Group.
Property History for 50-50a Boundary St, South Melbourne, VIC 3205
- 28 May 2023Sold for $2,657,000
- 13 Apr 2023Listed for Sale Contact Agent
- 14 Sep 2016Sold for $2,200,000
Recent sales nearby
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About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.
South Melbourne has 12,915 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:
- The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
- Houses have a median rent of $825 while Units have a median rent of $675.
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